The so-called “e-Invoicing Revolution” is very much on the move, inspiring many government officials to introduce new laws that can help their countries make a shift from paper to paperless document exchange. And yet, there are dozens of global companies that are struggling with e-invoicing adoption.
Why is that?
Well, what the European Union had done in terms of “evangelising” about the use of electronic invoicing has led to it becoming mandatory in countries such as France, Spain, and Austria – however, the rules currently apply only to B2G transactions with public administration entities. Thus, it seems that although the hype was (and is) high, it wasn’t high enough to help popularise e-invoicing in the B2B and B2C model (where most of the global document exchange plays out).
Source thepayers.com
